Cirrus Logic, Inc. 10-Q filed Nov 4, 2026

Modified · Overview

During the firstsecond quarter of fiscal year 2027, we saw strong demand for our custom products shipping into our latest-generation custom boosted amplifier and 22-nanometer smart codec featured in newly launched smartphones, along with a higher attach rate of our third-generation camera controller. We also made good progress inon the development of our next-generation camera controller and new new custom components, with our smart power IC for 3D sensing applications. The latter is part remaining on schedule and the tape out of a broader set of power and battery opportunities that we believe will diversify our product portfolio our fourth-generation camera controller. Beyond smartphones, a new premium six-speaker PC based on NVIDIA’s RTX SparkTM platform featuring Cirrus Logic amplifiers and support long-term growth. Beyond smartphones, the PC market remainsa codec was recently introduced and we taped out our largest near-term growth opportunitysecond-generation smart codec for AI-enabled PCs. In the current quarterour general market business, we were encouraged by began sampling our design win activity new analog front-end components for smart metering and customer engagement, which included interest insecured the first production orders for our latest smart codec for AI-enabled PCs. Additionallynew industrial imaging components. Finally, subsequent to the end of the quarter, we completed the acquisition of INVENTVM, a fabless semiconductor company specializing in June multiple customers announced new PCs based on NVIDIA’s RTX SparkTM platform, which are expected to ship later this year with Cirrus Logic amplifiers mixed-signal power management and audio integrated circuits. This acquisition not only expands our engineering capacity but also strengthens our competitive position and product portfolio in the emerging consumer wearable and codecsAI gadget markets.